Euro Forecast Directory - Page #208
A round up of the latest Euro forecast news items from the Currency News desk.
British Pound to Euro FX Rate Flounders on Lack of Data
18 Aug 2017 at 5 PM - Written by John Cameron
STORY LINK British Pound to Euro FX Rate Flounders on Lack of Data
The pound to euro exchange rate crashed lower on Friday afternoon as a UK data drought left Sterling vulnerable to yesterday’s mixed retail sales figures and continued scepticism regarding the UK’s Brexit negotiations.
Year-on-year UK retail sales increased by 1.3% in July, significantly down from the previous month’s revised 2.8%...
CATEGORIES: Currency Predictions Pound Euro Forecasts
Today's Best Euro Rate Slides but EUR/GBP Remains High Despite ECB Rhetoric
18 Aug 2017 at 1 PM - Written by Minesh Chaudhari
STORY LINK Today's Best Euro Rate Slides but EUR/GBP Remains High Despite ECB Rhetoric
The euro to pound sterling exchange rate ended the week's trade valued at 0.91339 on Saturday 19th August.
Analysts at Lloyds Bank highlight the EUR/GBP strength looks set to continue in the near-term:
"Still no change, with the current bull trend intact, despite traditional technical warning signs of a pullback. As we have highlighted,...
CATEGORIES: Euro Pound Forecasts
EUR to GBP Exchange Rate Slips as UK Wage Growth Beats Expectations
16 Aug 2017 at 11 AM - Written by Ben Hughes
STORY LINK EUR to GBP Exchange Rate Slips as UK Wage Growth Beats Expectations
Strong data from the Eurozone and Britain boosted both the Euro and British Pound today, but investors were more eager to buy the recently undervalued Pound from its lows. This caused the Euro to Pound exchange rate to fall.
After a brief boost to a new 2017 high of 0.9139, EUR/GBP slipped on Wednesday to below the level of 0.91 again. The...
CATEGORIES: Euro Pound Forecasts
EUR GBP Exchange Rate Stable as Eurozone Factory Output Plummets
14 Aug 2017 at 11 AM - Written by John Cameron
STORY LINK EUR GBP Exchange Rate Stable as Eurozone Factory Output Plummets
The Euro Pound (EUR GBP) exchange rate trended narrowly at the start of this week’s session as poor Eurozone industrial data helped to offset fears that Sterling could fall to parity in the foreseeable future.
Euro (EUR) Pressured by Contraction in Factory Output
The Euro’s recent meteoric rise was slowed slightly this morning...
CATEGORIES: Euro Pound Forecasts
GBP EUR Exchange Rate Update: Pound at 7-Year Low as Brexit Fears Hit Home
11 Aug 2017 at 12 PM - Written by Tim Boyer
STORY LINK GBP EUR Exchange Rate Update: Pound at 7-Year Low as Brexit Fears Hit Home
The lack of GBP EUR movement today comes as the Pound to Euro rate nears its lowest level since March 2010.
GBP Heading Down as Slow Data Day Raises Trader Concerns
The lack of confidence seen in the Pound today is largely a symptom of deep-rooted Brexit concerns. With no direct UK data to refer to, traders have instead been focusing on...
CATEGORIES: Pound Euro Forecasts
EUR GBP Exchange Rate Slips on Rising Geopolitical Tensions
9 Aug 2017 at 2 PM - Written by John Cameron
STORY LINK EUR GBP Exchange Rate Slips on Rising Geopolitical Tensions
The Euro Pound (EUR GBP) exchange rate dipped this morning as currency markets were rocked by rising tensions on the Korean peninsula.
Euro (EUR) loses Out as Geopolitical Tensions Spook Currency Markets
The Euro was driven lower this morning as a sudden escalation in tensions between the US and North Korea rattled markets on the 10th...
CATEGORIES: Euro Pound Forecasts
GBP EUR Exchange Rate Slides over Concerns for Brexit Negotiations
7 Aug 2017 at 11 AM - Written by Toni Johnson
STORY LINK GBP EUR Exchange Rate Slides over Concerns for Brexit Negotiations
The Pound Euro (GBP EUR) exchange rate tumbled at the start of this week’s session following reports that the UK’s Brexit negotiations ‘have not begun well’.
Brexit Negotiations Concerns Weigh on Pound (GBP)
Sterling stumbled in early trade this morning following suggestions that ‘differences’ in the UK government were...
CATEGORIES: Pound Euro Forecasts